Choosing the Right Life Insurance Plan
Reliable & Affordable Life Insurance Plans
Life insurance helps us to cover our final expenses and debts, like a mortgage, upon our passing. They help to alleviate the financial stress on your family and ensure your expenses are covered. Not all plans are the same though. There are a lot of options and coverage to choose from, all having different price points depending on your choices. Here are the things to consider when deciding on which life insurance plan is right for you:
- Length of coverage (10-years, 20-years, Etc.)
- Amount of coverage ($100,000; 250,000; 500,000)
If you want to have coverage but your budget is limited, you may want a term life insurance plan versus a whole life insurance plan. These plans are more affordable than a whole life policy. The amount of coverage is something that varies greatly from person to person. If you have significant savings or low debt, you probably will not need an insurance policy that pays $500,000.
Contact Us Today for Affordable Life Insurance
Are you looking for affordable life insurance in the Lewiston ME area? Then contact Champoux Insurance Group today! We offer a wide range of affordable life insurance policies. We have both term-life and whole-life policies.
